REG - Keywords Studios PLC - Block Admission

Keywords StudiosAnnouncement

16/10/2024 07:00

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RNS Number : 3159I  Keywords Studios PLC  16 October 2024

16 October 2024

Keywords Studios plc

("Keywords Studios", "the Company")

 

Block Admission

The Company announces that an application has been made for a block admission
to trading on AIM in respect of 3,590,473 ordinary shares of 1p each ("New
Ordinary Shares") in the share capital of the Company (the "Block
Admission").  It is expected that the Block Admission will become effective
on 21 October 2024.

 

The New Ordinary Shares will be issued pursuant to the Company's employee
share schemes (the "Incentive Schemes"), vest and be exercised with effect
from the date of the Court Sanction on 21 October 2024, as follows:

 

·    1,951,178 LTIP shares in respect of the Company's Long-Term Incentive
Plan;

·    1,391,424 RSU shares in respect of the Company's Long-Term Incentive
Plan; and

·    247,871 shares in respect of the Company's Share Option Plan.

 

When issued, the New Ordinary Shares will be credited as fully paid and will
rank pari passu with the existing ordinary shares of the Company.

 

The Block Admission is considered adequate for anticipated exercises of
options under the Incentive Schemes for the purposes of fulfilling the
obligations set out in the Company's Acquisition Scheme Document published on
29 July 2024.

 

As at 15 October 2024, the Company's issued share capital consisted of
80,535,010 ordinary shares of 1p each with voting rights. The Company's issued
share capital will change as a result of the Block Admission as set out above.
The Company does not hold any ordinary shares in Treasury.

 

For further information, please contact:

 Keywords Studios                                                       Deutsche Numis

 Giles Blackham                                                         Nomad & Joint Corporate Broker

 Director of Investor Relations                                         Stuart Skinner / Will Baunton

 +44 7714 134 681                                                       +44 20 7260 1000

 gblackham@keywordsstudios.com (mailto:gblackham@keywordsstudios.com)

 MHP Group                                                              Barclays

 Financial Communications                                               Joint Corporate Broker

 Katie Hunt / Eleni Menikou / Charles Hirst                             Tom Macdonald / Stuart Jempson

 +44 7884 494 112 / +44 20 3128 8100                                    +44 20 7029 8000

 keywords@mhpgroup.com (mailto:keywords@mhpgroup.com)

 

 

 

 

About Keywords Studios (www.keywordsstudios.com
(http://www.keywordsstudios.com/) )

Keywords Studios is a global provider of creative and technology-enabled
solutions to the video games and entertainment industries. Established in
1998, and now with over 70 facilities in 26 countries strategically located in
Asia, Australia, the Americas, and Europe, it provides services across the
entire content development life cycle through its Create, Globalize and Engage
service lines to a large blue-chip client base across the globe.

Keywords Studios has a strong market position, providing services to 24 of the
top 25 most prominent games companies and contributing to over 70% of the
2023 Game Awards winners. Across the games and entertainment industry, clients
include Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Epic
Games, Konami, Microsoft, Netflix, Riot Games, Square Enix, Supercell,
TakeTwo, Tencent and Ubisoft. Recent titles worked on include Starfield,
Baldur's Gate 3, Diablo IV, Hogwarts Legacy, Elden Ring, Fortnite, Valorant,
League of Legends and Clash Royale. Keywords Studios is listed on AIM, the
London Stock Exchange regulated market (KWS.L).

 

 

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